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MULTI is the first cable-less elevator developed by TK Elevator (formerly ThyssenKrupp Elevator). Rather than using cables to lift the elevator, MULTI uses linear motors. [1] As well as moving vertically between floors of a building, MULTI can also move horizontally through a floor of a building. MULTI is being tested at Rottweil Test Tower. [2 ...
In February 2020, ThyssenKrupp AG's board announced that it would sell its elevator segment to Advent International, Cinven, and RAG foundation for $18.9 billion. [32] The transaction closed in July 2020, and the new stand-alone company was named TK Elevator [fr; de].
That same year, they acquired the elevator division of American-based conglomerate Dover Corporation. It was revealed in February 2021 when Liberty Steel Group proposed to take over from TK the Thyssen plant in Duisburg, that it can produce 13 million metric tons per year of crude steel, from four blast furnaces and two redox furnaces. "The ...
A Kone-Thyssenkrupp Elevator merger would create the world's biggest lift maker, leapfrogging market leader Otis, owned by United Technologies <UTX.N>, and Schindler in second place. Thyssenkrupp ...
FRANKFURT/DUESSELDORF, Germany (Reuters) - Thyssenkrupp <TKAG.DE> will weed out some potential suitors for its elevator unit within the next two weeks, two people familiar with the matter said, as ...
FRANKFURT/DUESSELDORF (Reuters) - Thyssenkrupp AG said on Thursday it agreed to sell its elevators division to a consortium of Advent, Cinven and Germany's RAG foundation for 17.2 billion euros ...